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In Financial Services, $DE said its 2016 net income attributable to the company is now expected to be about $480MM. Also, cost of sales as a percent of net sales is expected at 79% for the year. In 2Q16, R&D was up 1% and for 2016 $DE expects R&D to be down about 1% with approx. 1 point of negative currency translation.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.